5 Woodland Street, Essendon VIC 3040

$1,099,500 - $1,199,500

1 beds

1 baths

2 parking

Prime Essendon Commercial Opportunity Next to Station with Development Upside

Rani Realty proudly presents an exceptional commercial opportunity in the heart of Essendon - 5 Woodland Street, perfectly positioned adjacent to the train station and within a high-exposure, high-foot-traffic precinct.
This prime property offers a rare combination of immediate income and outstanding future development potential (STCA). Currently operating as a highly successful and well-established fish and chip shop, the business generates strong and consistent returns, making it an attractive investment for both owner-operators and investors alike.
Set on a strategic parcel of land, the property provides exciting scope for further development, including the potential to build upwards and extend at the rear (Subject to Council Approval). With ongoing growth and demand in the Essendon area, this site presents a compelling opportunity to capitalise on future high-rise or mixed-use development potential.
Key Features:
Prime location next to Essendon train station with excellent visibility and accessibility
Thriving, high-performing fish and chip shop with strong revenue
Significant development potential (STCA) including vertical and rear expansion
Positioned in a rapidly growing and high-demand commercial precinct
Ideal for investors, developers, and business operators
This is a rare chance to secure a premium commercial asset with both immediate income and long-term upside in one of Essendon's most sought-after locations.
For further information or to arrange an inspection, contact Rani Realty today.

Property Details

• Type: House
• Bedrooms: 1
• Bathrooms: 1
• Garage Spaces: 2

Features

• Alarm System
• Courtyard
• Fully Fenced
• Workshop
• Split System Air Con
• Broadband
• Reverse Cycle Air Con